AWS Cyber Insurance Program Demonstrates Growing Fusion of Security Tech & Insurance 

Interesting overview of the AWS Cyber Insurance Program. The program is part of a trend to link automated security assessments and mitigation to insurance. AWS focuses on companies that already use its services and can be easily connected to insurance providers. But the program is more than a sales channel for insurers. They can also … Read more

Howden Provides a Single Policy to Cover  Three Nightmares of Cyber Attacks 

Howden, a global insurance broker, has launched a new product that brings together professional indemnity (PI), crime and cyber liability into one policy. The new product, called Howden ProSecure, is designed to save businesses money and improve efficiency by reducing the need to manage multiple policies. PI insurance protects businesses against claims made against them … Read more

Insurance for Catastrophic State-Backed Cyber Attacks? Lloyd’s Exclusions Continue to Confuse Markets As Other Insurers Struggle With Their Own Strategies 

When Lloyd’s provided updated guidance and exclusions for nation-state cyber attacks, some industry players and news outlets concluded the organization intended to jettison all such coverage. Not so, Lloyd’s said earlier this year, asserting it wanted to ensure such coverage was distinguished from general cyber insurance and its risk was properly priced. But customers continue … Read more

Conventional Wisdom on Cyber Insurance & Ransomware is Wrong: British Think Tank 

“Over a 12-month research project, researchers from RUSI (Royal United Services Institute for Defence and Security Studies), the University of Kent, De Montfort University and Oxford Brookes University conducted a series of expert interviews and workshops… This paper argues that there is, in fact, no compelling evidence that victims with cyber insurance are much more … Read more

AWS Moves Deeper Into Cyber Insurance-related Services, Adding Cowbell

From the Cowbell release: “Participation in this initiative demonstrates that Cowbell has deep expertise in serving SME customers with cyber insurance coverage tailored to their unique needs. As an AWS Cyber Insurance Partner, Cowbell’s solution has been vetted by AWS for its ability to streamline the quoting process using thorough cyber risk assessments that leverage … Read more

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